4 Drexel Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Howard Hanna | $229,900 | |
| Listed by Howard Hanna | |||
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Welcome to this spacious ranch-style home offering over 1,700 square feet of comfortable living space, featuring 3 bedrooms and 2.5 baths. The large eat-in kitchen provides plenty of room for meals and gatherings, while the convenience of first-floor laundry adds to everyday ease. Recent updates include new vinyl flooring, some newer windows, and a tear-off roof completed about a year ago. The seller has also added approximately 12 inches of blown-in insulation in the crawl space for enhanced energy efficiency. A partially finished basement offers extra living or storage space, and the attached 2-car garage provides secure parking and additional storage. Step outside to enjoy the deck and fully fenced yard, perfect for outdoor enjoyment, with a newer swing set that will stay with the home. Ideally located close to shopping and major highways, this home offers both comfort and convenience. Delayed negotiations until Tuesday, July 22 at noon.
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| May 11, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Keller Williams Realty Greater Rochester | $179,900 | |
| Listed by Keller Williams Realty Greater Rochester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017